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The sale of a multimillion-dollar Waiheke Island property has drawn interest from the liquidator for two companies that are accused of owing about $120,000 from failed hospitality ventures.

Property records show convicted fraudster David McCabe is one of three owner/occupiers of Saratoga Estate, an 8.4 hectare property across two titles with vineyards, winery, brewing operation, spirit-distilling plant and restaurant.

According to Quotable Value, the other owners of the $3.65 million valued property are Pamela McCabe and Kathryn McCabe.

About 6ha of the Saratoga estate is planted with about 25,000 vines producing a variety of red and white grapes.

The estate website says David McCabe and Pamela McCabe, his wife, bought it in July 2002 "as an additional string to their bow ... "

The property, about 1km from Onetangi beach, is being marketed by Bayleys agent Pat Regan.

Mr Regan says with careful management the wines produced there could generate the kind of worldwide acclaim enjoyed by those from leading Waiheke vineyards, including Mudbrick and Stonyridge.

The marketing campaign finishes this month with Bayleys confident it will sell for its official valuation.

The sale has drawn interest from the liquidator for companies that owned Auckland nightspots Margaritas and Crow Bar, once a celebrity hangout visited by U2 singer Bono.

Sunset Entertainment Ltd, which owned Margaritas, and Club Crow Bar Ltd, which owned Crow Bar, went into liquidation last year. Liquidator Simon Dalton, from Gerry Rea Partners, said together they owed about $120,000.